Most of the corporate innovators want to do radical innovation. Change the world, change the company or at least change the business model. But most of the growth of a company is due to incremental innovation. The continuous innovation: small steps, every day on the work floor.
In this episode I will talk about the ‘RACE model’ for balancing your portfolio of innovation projects. And I will describe 6 conditions you can optimize for incremental innovation inside your organization.
Shownotes (more information)
My inspiration for this vlog: Alf Rehn
- Wired on the power of incremental innovation:
- Fast Company on Incremental innovation:
- Rita McGrath post where she mentions the RACE model: https://www.ritamcgrath.com/2020/04/hello-uncertainty/